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Xilinx, Inc. (XLNX) Company Bio

Xilinx Inc. designs, develops, and markets complete programmable logic solutions. The Company's solutions include advanced integrated circuits, software design tools, predefined system functions delivered as cores of logic, and field engineering support. The company was founded in 1984 and is based in San Jose, California.

Chinese telecom giant Huawei has stockpiled billions of dollars worth of chips from suppliers such as Intel, Advanced Micro Devices (AMD), Xilinx, and Samsung, building a buffer against a US crackdown on Huawei that began last May and escalated last month, per Nikkei Asian Review. Huawei has secured enough chips to last 18-24 months in a bid to maintain hardware output across segments such as cloud computing, networking equipment, and smartphones. For context, in May 2019, the US cut Huawei off from critical US-based suppliers through a trade ban, which mounted in May 2020 when the US pressured Taiwan Semiconductor Manufacturing Company (TSMC) — one of Huawei's most important chip manufacturers — to stop fulfilling new Huawei orders. Huawei has managed to continue procuring chips by ind...